At $2,453/mo, rent takes about 15% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,453 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Castle Pines changed +3.6% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.
Rent has risen 2 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($191,229) is $4,781 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,480).
Lone Tree, 6 miles away, rents for 21% less ($1,941/mo), about $6,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Castle Pines. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Castle Pines, CO is majority owner-occupied, has a large retiree population, has a median income above the national average, 79.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Castle Pines, CO has changed in 5 years
Household income in the area moved from $186,976 to $191,229 across the same window, up 2.3% versus 2021. The population has contracted by 60.7% since 2021, moving from about 11,296 residents to roughly 4,436. Renters now make up 0% of households, compared with 10.9% five years ago. College-educated residents now make up 79.6% of adults here, versus 70.8% in 2021.
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Can you afford rent in Castle Pines on your salary?
At $2,453/mo, how Castle Pines rent compares to typical pay (30% rule).
Castle Pines rent by bedroom count
Median rent for each apartment size in Castle Pines. Click any size for full breakdown.
Tips for renters in Castle Pines
Last updated: October 17, 2026
The median rent in Castle Pines is $2,453/mo as of October 2026. A studio apartment averages $1,820/mo while a 2-bedroom runs $2,380/mo. One-bedroom apartments average $1,990/mo and 3-bedroom units go for $3,110/mo.
At 15% of local median household income ($191,229/yr), Castle Pines ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.
Frequently asked questions
How much income do you need to rent in Castle Pines?
Is rent going up or down in Castle Pines?
How does Castle Pines rent compare to other cities in Colorado?
Which nearby cities are cheaper to rent in than Castle Pines?
At $2,453/mo, rent takes ~15% of Castle Pines's median household income ($191,229/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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